6. INDUSTRY CLUSTER - Budget Home | NSW Budget Estimates 2017-18 6 - 1 6. INDUSTRY CLUSTER Introduction The Industry cluster is focused on creating the right conditions for New South

Budget Estimates 2017-18 6 - 1

6. INDUSTRY CLUSTER

Introduction

The Industry cluster is focused on creating the right conditions for New South Wales to prosper and provide quality job opportunities. This is achieved by developing a highly skilled workforce and responsibly managing land and natural resources to grow the State’s primary and other industry sectors.

Contribution to Premier’s and State Priorities

The Industry cluster is the lead cluster delivering the following Premier’s and State Priorities:

• creating jobs: create 150,000 new jobs by 2019

• encouraging business investment: be the leading Australian state in business confidence

• boosting apprenticeships: increasing the proportion of people completing apprenticeships and traineeships to 65 per cent by 2019.

The cluster also supports the State Priorities:

• building infrastructure: key infrastructure projects to be delivered on time and on budget across the state

• making it easier to start a business: make New South Wales the easiest state to start a business

• increasing cultural participation: increase attendance at cultural venues and events in New South Wales by 15 per cent by 2019

• tackling childhood obesity: reduce overweight and obesity rates of children by 5 per cent over ten years.

Outcomes and activities

The Industry cluster is focused on ensuring that New South Wales is a state of opportunity, a place where people want to live, work and raise a family, and where businesses choose to invest and grow. This is achieved by working closely with employers, educators, landholders, communities and other stakeholders to ensure government policy facilitates opportunities for sustainable growth and development. The cluster:

• drives innovation to increase the productivity and resilience of the State’s primary industries

• ensures the sustainable use of, and access to, natural resources

• invests in skills and education to ensure that people are ready for work now and for the jobs of the future

$4.3 billion

Recurrent expenses 2017-18

$267 million

Capital expenditure 2017-18

Industry Cluster

6 - 2 Budget Estimates 2017-18

• protects the State from risks or potential harm across a range of economic activities as diverse as food safety and biosecurity or from the potential of unsustainable use of natural resources including water, forests, soils and fisheries

• supports responsible development of the liquor, gaming, racing and registered clubs sectors and strong regulation of liquor and gaming to protect the community

• supports the tourism and sporting sectors and secures major events to grow visitor numbers and encourage spending by interstate and international guests

• provides leadership and support to the sport and active recreation sector through information, advice, planning and coordination, funding and sport development programs.

2017-18 Budget highlights

In 2017-18, the Industry cluster will spend $4.6 billion ($4,342 million recurrent expenses and $267 million capital).1 Key initiatives include:

Skills development and training

• $759 million for skills development and training programs, including the commissioning of training through TAFE NSW and other registered training providers, to deliver a highly skilled workforce that meets future needs

• $41 million in 2017-18 for Smart, Skilled and Hired.

Primary Industries and regional water

• $1 billion in Restart NSW for the Safe and Secure Water Program, commencing in 2017-18 to provide a clean and reliable water supply to rural and regional New South Wales

• $177 million for Local Land Services to work with land managers and the community to facilitate better land management decisions and assist rural and regional communities to be profitable and sustainable into the future

• $65 million investment over ten years for an historic research and development partnership with the Grains Research and Development Corporation to extend research into winter crop development (agronomy, physiology and pathology services), infrastructure capacity building and skill development

• $6.0 million for the Young Farmer Program over four years, to help young farmers improve long term financial resilience and build capacity and capability

• $3.4 million towards the Government's NSW Shark Strategy with a focus on scientific research to better understand shark movements and develop risk mitigation strategies.

Economic and Regional Development

• $96 million in 2017-18 to support high potential businesses through Jobs for NSW, as part of the Government’s continued commitment of $190 million to support jobs, including:

– $25 million to launch a co-investment vehicle with the private sector to make equity investments in growth companies across New South Wales

– $20 million to develop a site in the Sydney CBD where start-up incubators and accelerators will co-locate to foster collaboration and create jobs

1 Expenses are on an uneliminated cluster basis and exclude cluster grants paid. Payments from the Department of

Industry to TAFE NSW for cluster grants and contestable Skills funding have also been eliminated.

Industry Cluster


• $41 million in transitional funding over five years to support a responsible greyhound racing industry, including establishment and initial operation of the Greyhound Welfare and Integrity Commission and capital grants to upgrade track facilities to make them safer for racing

• $18 million in 2017-18 for the Responsible Gambling Fund to promote responsible gambling and prevent or reduce the risk of problem gambling and associated harm in the community

• $13 million in 2017-18 in funding from the ClubGRANTS program to support arts and culture, sport and recreation and emergency relief facilities to benefit local communities, particularly in regional, remote and disadvantaged areas

• $7.4 million over four years to continue the StudyNSW program

• $2.0 million towards infrastructure for nation-leading medicinal cannabis research.

Lands and forestry

• $39 million for capital investment including:

– planning and delivery of the Eden Wharf Extension project to cater for cruise ships docking at Eden

– repair and upgrade of breakwaters, training walls, wharves and jetties

– dredging in priority regional locations

• $15 million allocated through the Public Reserves Management Fund1 to provide grants and loans to reserve trust managers for the development, maintenance and improvement of public reserves across New South Wales for the benefit of local communities

• $7.2 million to invest in world class forestry policy and research programs to underpin a sustainable forest industry and deliver the Forestry Industry Roadmap to support jobs and increase business confidence and investment in regional communities.

Investing in our communities

• $207 million (over four years from 2017-18) to establish the Active Kids Rebate. Families in New South Wales will be eligible to receive up to $100 for every child enrolled in school each year, to help meet the cost of their sport and fitness activities

• $200 million (over three years from 2017-18), for a new Stronger Country Communities Fund to deliver projects that enhance local amenity, by investing in facilities including public spaces to build strong communities and attract new residents and jobs

• $193 million in 2017-18 for integrated tourism and events programs to grow New South Wales as a global tourism and event destination

• up to $30 million to partner with the City of Parramatta to construct a new aquatic centre

• $8.0 million (over four years from 2017-18) to double grants to surf lifesaving clubs to $4.0 million per annum to help develop their facilities and increase usage, safety and participation by the general public and club members

• $5.4 million in 2017-18 to repair the Northern Grandstand at WIN Stadium in Wollongong, to ensure public safety and the continued use of the stand for sport and recreation events

1 The Public Reserves Management Fund (PRMF) will be replaced by the Crown Reserves Improvement Fund (CRIF) in

early 2018.

Industry Cluster


• $4.0 million over four years from 2017-18 to provide grants to community-based sports organisations to purchase Automatic External Defibrillator for local sporting facilities and events to reduce the incidence of deaths from cardiac arrest at sporting events

• $2.4 million in 2017-18 to replace the electronic target systems at the Sydney International Shooting Centre, to guarantee its ability to host national and international standard competitions.

Overview of cluster expenses

A summary of expenses by program group is provided in the chart below.

Chart 6.1: Total recurrent expenses Industry cluster 2017-18 by program group (%)

(a) Grouped for presentation purposes, “Other program groups” comprises:

- Local Land Services - Support for new and expanding businesses to create jobs in NSW

Skills development for employment

48%

A vibrant and valued sport and recreation

sector8%

Other program groups (a)

6%

Risks managed for natural resources, farming and food

6%

Sustainable use of and access to

natural resources5%

Grow the visitor economy

4%

Sustaining the conditions for economic development

22%

Industry Cluster


Table 6.1 Industry cluster program group expense summary ($m)

Expenses Capital Expenditure 2016-17 2017-18 2016-17 2017-18 Revised Budget Var Revised Budget Var

$m $m % $m $m %

Sustaining the conditions for economic development ................................................ 794.5 948.2 19.3 13.0 47.2 263.3

Support for new and expanding businesses to create jobs in NSW (a) .................................. 54.9 98.6 79.8 2.0 0.5 (75.0)

Skills development for employment (b) ............. 2,043.9 2,076.0 1.6 66.7 131.0 96.5

Sustainable use of and access to natural resources (c) ................................................. 334.0 232.5 (30.4) 11.0 20.3 84.8

Risks managed for natural resources, farming and food ...................................................... 243.8 254.3 4.3 22.9 25.2 10.0

A vibrant and valued sport and recreation sector (b) ....................................................... 278.9 363.0 30.1 27.2 37.6 38.6

Grow the visitor economy ............................... 174.8 192.8 10.3 0.2 0.2 …

Local Land Services ....................................... 171.4 176.5 3.0 0.8 5.5 552.0

Diverse, reliable and sustainable energy sources are secured (c) ................................ 243.4 … (100) ... ... ...

Total 4,339.6 4,342.0 0.1 143.7 267.5 86.1

(a) This excludes $38 million support for business by Jobs for NSW in the form of loans, guarantees and equity investment. (b) Payments of grants and subsidies from the Department of Industry to cluster agencies have been eliminated. (c) This program group was affected by machinery-of-government changes which took effect on 1 April 2017.

Machinery of government

The Industry cluster was affected by machinery-of-government changes set out in the Administrative Arrangements (Administrative Changes—Public Service Agencies) Order 2017 which took effect on 1 April 2017. The Order changed the name of the Department of Industry, Skills and Regional Development to the Department of Industry.

Under this Order, funding and staff1 who provided support for trade and industry, and liquor, gaming and racing functions were transferred from the Department of Premier and Cabinet and Department of Justice, to the Department of Industry.

Funding and staff who provided support for the regional NSW portfolio, and resources, energy and utilities functions were transferred to the Premier and Cabinet, and Planning and Environment clusters respectively. Expenditure for the nine months to 31 March 2017 is reflected in 2016-17 Revised expenses.

Destination NSW, the Office of Sport and the Sydney Olympic Park Authority were transferred from the Premier and Cabinet cluster to the Industry cluster. The NSW Institute of Sport Staff Agency was established. The Coal Innovation Fund, Hunter Water Corporation, Endeavour Energy, Essential Energy, Sydney Water Corporation and Cobbora Holding Company were transferred from the Industry cluster to the Planning and Environment cluster. The Independent Liquor and Gaming Authority was transferred to the Industry cluster from the Justice cluster.

1 Due to machinery-of-government changes during 2016-17 and implementation of new program groups, performance

information for affected FTE will display “n.a.” for years prior to 2016-17.

Industry Cluster


Cluster Program Group Highlights

Sustaining the conditions for economic development

In 2017-18, the cluster will spend $995 million ($948 million recurrent expenses and $47 million capital) on sustaining the conditions for economic development.

Sustaining the conditions for economic development programs include investment in programs that drive economic activity and create a competitive business environment and support regional development. The cluster also helps to support productive industries and build prosperous communities through innovation and research.

The key programs and their intended outcomes are:

• economic and industry development to improve resilience and productivity

• guidance from the Chief Scientist & Engineer to promote a vigorous State innovation system

• strong regulation of liquor, gaming and racing to protect the community and support responsible industry development.

Within this program group, the NSW Department of Primary Industries delivers programs to build prosperity and resilience in rural and regional areas including:

• increase productivity and innovation in agriculture

• maximise productive use of water

• increase economic contribution from fishing and aquaculture

• increase market access and development

• foster productive partnerships to maximise benefits.

Key initiatives and activities include:

• $200 million over three years from 2017-18 for a new Stronger Country Communities Fund to deliver projects that enhance local amenity, by investing in facilities including public spaces to build strong communities and attract new residents and jobs

• $78 million for Sustaining the Basin, including the Irrigated Farm Modernisation program to support water efficiency infrastructure for irrigators with eligible entitlements in water efficient infrastructure

• $65 million investment over ten years for an historic research and development partnership with Grains Research and Development to extend research services into winter crop development (agronomy, physiology and pathology services), infrastructure capacity building and skill development

• $65 million over three years for the Youth Employment program within Smart, Skilled and Hired which aims to assist young people in four pilot regions into employment

• $41 million in transitional funding over five years to support a responsible greyhound racing industry, including establishment and initial operation of the Greyhound Welfare and Integrity Commission and conditional capital grants to upgrade track facilities to make them safer for racing

$948 million


$47 million


Industry Cluster


• $39 million in 2017-18 for capital investment in coastal infrastructure and regional ports projects. This includes:

– $26 million for the planning and delivery of the Eden Wharf Extension project to develop a facility to cater for cruise ship visits to Eden

– $10 million for the delivery of the Coastal Infrastructure Program, to repair and upgrade breakwaters and training walls, wharves and jetties, and routine maintenance

– $2.5 million in capital funding for the Coastal Dredging Strategy in priority regional locations, to deliver ongoing dredging to maintain navigational access to the State owned maritime infrastructure

• $19 million over three years for the Disability Sector Scale Up program within Smart, Skilled and Hired to maximise opportunities for workers and employers arising from the National Disability Insurance Scheme (NDIS) rollout

• $18 million in 2017-18 for the Responsible Gambling Fund to promote responsible gambling and prevent or reduce the risk of problem gambling and associated harm in the community

• $14 million which the Office of the Chief Scientist & Engineer will invest in 2017-18 through its Research Attraction and Acceleration Program to leverage external funding, particularly in NSW universities, for high impact research

• $13 million in 2017-18 in funding from the ClubGRANTS program to support arts and culture, sport and recreation and emergency relief facilities to benefit local communities, particularly in regional, remote and disadvantaged areas

• $6.0 million for the Young Farmer Program over four years, to improve long term financial resilience to build capacity and capability for young farmers

• $3.9 million for maintenance of the Meadowbank Railway Bridge

• $2.0 million towards infrastructure for nation-leading medicinal cannabis research

• $1.0 million a year for three years to support the Innovation and Productivity Council to conduct research and develop advice for government on priorities for boosting innovation and productivity in New South Wales, focusing on small, medium and regional business.

2014-15 2015-16 2016-17 2016-17 2017-18

Performance information Units Actual Actual Forecast Revised Forecast

Employment growth in New South Wales (a) % 1.2 3.8 n.a. 1.0 1.0

Growth in Gross State Product per capita (b) % 1.2 2.0 n.a. 1.2 1.2

Business confidence (leading Australian state) (c) rank 7 1 1 1 1

New liquor licences granted no. 2,475 2,264 2,482 n.a. 2,490

Value of New South Wales primary industries (d) $b 12.7 13.9 15.1 n.a. n.a.

Gross value of commercial fisheries production per year (e) $m 96 97 98 n.a. 99

Gross revenue collected from Crown Land Tenures (f)

$m 60 62 59 61 61

Gross value of agricultural export earnings (g) $b 7.0 7.4 7.5 7.5 7.6

Employees (h) FTE n.a. n.a. 2,095 2,095 2,221

Industry Cluster


2016-17 2017-18 Revised Budget

Financial indicators $000 $000

Total Expenses Excluding Losses 794,532 948,172

Total expenses include the following (i):

Employee related 254,907 307,772 Other operating expenses 215,970 198,187

Grants and subsidies 262,447 378,588

Capital expenditure 12,991 47,201

(a) Australian Bureau of Statistics (ABS) seasonally adjusted employment data from 6202 Labour Force Australia, March 2017. Note these figures are subject to change due to ABS methodology for seasonal adjustment.

(b) Gross State Product is chain volume measures, original data. (c) Business Confidence is a composite measure of average ranking among Australian states in major business confidence

indicators. Data Source: Composite (NAB monthly business survey; Roy Morgan business index; Sensis Business index). The rankings are provided at a point in time 2014-15 rank was from December 2014, 2015-16 rank from December 2015 and 2016-17 rank from December 2016.

(d) The data are provided by the Australian Bureau for Agricultural and Resource Economics (ABARES). 2015-16 actual data will not be available until July/August 2017. Forecast data is not available. Baseline data is for primary industries.

(e) From 2016-17 this measure includes abalone, lobster and mud crab. (f) From 2013-14 this measure includes an estimate for extractive industry royalties. The figures do not include Public Reserve

Management Fund and Crown Lands Reserve Trust income. 2014-15 and 2016-17 forecast revised to include unearned revenue/tenures paid in advance and financial leases.

(g) The data are provided by Global Trade Atlas. 2016-17 actual data will not be available until August 2017. Forecast data is not available.

(h) FTE numbers are not available due to machinery-of-government changes. (i) Selected expense categories only and may not add to total.

Industry Cluster


Support for new and expanding businesses to create jobs in NSW

In 2017-18, the cluster will spend $137 million ($99 million recurrent expenses, $500,000 capital and $38 million support by Jobs for NSW in the form of loans, guarantees and equity investment) on programs supporting new and expanding businesses to create jobs and invest in New South Wales.

These programs are designed to:

• promote trade and investment through attraction of foreign direct investment, increasing exports and promotion of the education sector internationally

• support and grow small businesses in New South Wales through the provision of advice, advocacy, and mediation and dispute resolution services by the Office of the NSW Small Business Commissioner

• grow jobs through Jobs for NSW.


• $96 million in 2017-18 to support high potential businesses through Jobs for NSW, as part of the Government’s continued commitment of $190 million to support jobs, including:

– $25 million to launch a co-investment vehicle with the private sector to make equity investments in growth companies across New South Wales

– $20 million to develop a site in the Sydney CBD where start-up incubators and accelerators will co-locate to foster collaboration and create jobs

• $10 million in funding to lead industry development activities that drive growth and global competitiveness. This includes collaborative programs with industry and universities, industry capability building, leveraging the benefits of a new airport in Western Sydney, establishment of Defence NSW, promotion and support of key industries and land activation through strategic project delivery

• $7.5 million is allocated for the New South Wales Government's Business Connect program, funding more than 60 advisors across New South Wales and the business bus to help small businesses start and grow

• $3.6 million in 2017-18 to support and grow small businesses in New South Wales including the provision of small business advocacy services and dispute resolution services

• $1.9 million in 2017-18 to allow existing lottery agents to apply for contributions of up to $10,000 for approved shop re-fits which takes a significant financial burden off these small businesses

• $225,000 for two new specialist advisory programs, providing access to finance and procurement for small business commencing in 2017-18. These initiatives will deliver improved financial literacy and competitiveness when it comes to borrowing money and bidding for procurement opportunities.

$99 million


$500,000 Capital expenditure 2017-18

Industry Cluster


2014-15 2015-16 2016-17 2016-17 2017-18 Performance information Units Actual Actual Forecast Revised Forecast

Grow foreign direct investment into New South Wales $b 7.0 4.6 6.6 7.0 6.9

Clients assisted through small business advocacy and dispute resolution services per year no. 17,450 20,500 21,000 21,000 22,500

Funds invested by Jobs for NSW (a)(b)(c) $m n.a. 13.9 14.1 14.1 84.1

Number of jobs created through foreign direct investment no. 11,094 7,317 10,500 11,000 10,800

New South Wales businesses participating in export capability building programs (d)(e) no. n.a. n.a. 2,872 3,500 4,000

Employees (f) FTE n.a. n.a. 158 158 205




Total expenses include the following (g):

Employee related 14,839 24,468

Other operating expenses 20,201 24,792


Capital expenditure 2,000 500

(a) From 2016-17 this measure includes anticipated grant payments, loans and board's fees pending for NSW Treasury approval and excludes $6.6 million executed loan guarantees.

(b) As Jobs for NSW was launched in August 2015, data for 2014-15 is not available. (c) The increase in funds forecast to be invested by Jobs for NSW is due to an increase in funding for 2017-18 captured in the

budget highlight above. (d) Participation at programs, workshops and seminars run by the department and with partners such as Austrade targeting

new and aspiring exporters to build up their export readiness. (e) Previously NSW Trade & Investment reported on the number of clients serviced. This measure included one to one and

group value adding interactions such as missions, events, advisory and capacity building workshops with exporters, investors and a range of other regional, metropolitan and sector based businesses. From 1 July 2016 NSW Trade & Investment has run the new export capability program which is now being reported on.

(f) FTE numbers are not available due to machinery-of-government changes. (g) Selected expense categories only and may not add to total.

Industry Cluster


Skills development for employment

In 2017-18, the cluster will spend $2.2 billion ($2,076 million recurrent expenses and $131 million capital) on skills development for employment.

The New South Wales Government is investing in programs that match job and skills demand, in order to deliver a highly skilled workforce that meets future needs.

The key programs and intended outcomes are:

• vocational education and training delivered under the new ‘One TAFE NSW’ operating model

• contestable delivery including funding which supports skills development and training to meet employer and student skill needs

• direct intervention programs which complement the contestable program and are designed to address particular skills and training needs not readily supported through the market-based system.


• $1.7 billion for TAFE NSW (including receipts from Smart and Skilled)

• $759 million for skills development and training programs, including the commissioning of training through TAFE NSW and other registered training providers, to deliver a highly skilled workforce that meets future needs

• $15 million over four years for the AgSkills strategy to support the New South Wales agriculture sector attract new workers and retain and up-skill existing workers

• $8.0 million over four years for the Infrastructure Skills Legacy Program (ISLP) to increase apprentices, trainees and Aboriginal people employed in New South Wales Government funded infrastructure projects

• $5.0 million over three years for the Local Government strategy to provide prospective, new and existing council employees with vocational skills to work in local government

• TAFE NSW will continue the modernisation program during 2017-18 to ensure TAFE NSW remains a sustainable and commercial education business in a competitive and rapidly changing environment

• TAFE NSW will continue a program of work during 2017-18 to create increased access to flexible learning by providing student-centred, digitally enabled facilities including Connected Learning Centres across regional and rural New South Wales.

$2.1 billion


$131 million


Industry Cluster



Apprenticeship and trainee contracts approved (a) no. 48,028 46,217 53,612 n.a. 53,612

Apprenticeship and trainee completion rates (b) % 62 62 60 n.a. 60

People supported through market led programs in New South Wales per year (total) (c)(d) no. 287,591 340,551 346,350 n.a. 352,247

People supported through New South Wales Government skills funding per year (total) no. 347,346 405,375 415,298 n.a. 425,464

People with a disability supported through New South Wales Government skills funding per year no. 35,549 51,793 52,893 n.a. n.a.

Indigenous people supported through New South Wales Government skills funding per year no. 28,511 33,425 34,416 n.a. n.a.

Employees FTE 259 332 331 331 373

TAFE Employees FTE 11,375 10,589 10,470 10,026 9,969

TAFE NSW 2014 2015 2016 2017 Performance information Units Actual Actual Actual Forecast

Total TAFE NSW course enrolments (e)(f)(g) no. 535,089 431,868 543,309 516,700

TAFE NSW enrolments of students with a disability (e)(f)

no. 52,130 41,903 56,653 56,100

TAFE NSW enrolments of Indigenous students (e)(f)

no. 37,520 33,019 40,489 41,700

Graduates satisfied with overall quality of all TAFE training % 89 89 87 88



Total Expenses Excluding Losses 2,043,853 2,076,012

Total expenses include the following (h):

Employee related 1,136,586 1,142,194

Other operating expenses 481,004 505,100



(a) 2016-17 actual results to 31 Dec 2016 (20,279) is up 16 per cent on the equivalent 2015-16 period to 31 Dec 15 (17,484). (b) 2016-17 forecast based on the latest actual results, which is 60% for the 2016 calendar year. (c) Each person (student) can have one or more enrolments. (d) VOCSTATS (a software product hosted by the National Centre for Vocational Education Research) government funded

student (not enrolment) data broadly deemed as contestable, and includes Certificate I-III; Certificate IV and above if non-TAFE NSW; all Apprenticeships & Traineeships; and all VET contestable students in VOCSTATS.

(e) TAFE NSW non-financial performance data is calendar year and based on Australian Vocational Education and Training Management Information Statistical Standard counting rules. TAFE NSW enrolments for 2014, 2015 and 2016 are actuals and 2017 is preliminary forecast. These figures reflect total activity of TAFE NSW. Service measures have been updated from prior years. Figures may not be comparable between years due to changes in counting rules.

(f) Students can have one or more enrolments. (g) The 2016-17 Forecast is lower than the 2016 enrolment data and reflecting the anticipated impact of the Commonwealth’s

changes to the VET student loan (VSL) scheme. The magnitude and impact of Commonwealth policy changes including VSL and Higher Education policy cannot be fully assessed at this stage and may have a greater impact than anticipated on the forecast. There is potential for an offsetting increase in enrolments as a result of recently announced increases in Commonwealth funding for apprenticeships.

(h) Selected expense categories only and may not add to total.

Industry Cluster


Sustainable use of and access to natural resources

In 2017-18, the cluster will spend $253 million ($233 million recurrent expenses and $20 million capital) on sustainable use and access to land and natural resources that support job creation, primary production and generate social and economic activity in local communities.

Sustainable use of and access to natural resources programs are focused on sustainable land and natural resource management by assessing, planning, allocating and monitoring the use of Crown Land and forests, travelling stock reserves and water and aquatic resources.


• $1 billion in Restart NSW towards the Government’s Safe and Secure Water Program providing reliable and affordable water and sewerage infrastructure that underpins regional NSW communities, businesses and industries

• $15 million allocated through the Public Reserves Management Fund to provide grants and loans to reserve trust managers for the development, maintenance and improvement of public reserves across New South Wales for the benefit of local communities

• $7.2 million to invest in world class forestry policy and research programs to underpin a sustainable forest industry and deliver the Forestry Industry Roadmap to support jobs and increase business confidence and investment in regional communities

• $2.3 million in 2017-18 to purchase a new off-shore patrol vessel to protect and patrol the State's fisheries resources, and to contribute to shark management.


Compliance rate in fisheries per year (a)

Commercial fisheries % 78 82 83 n.a. 85

Recreational fisheries % 89 90 90 n.a. 90

Gigalitres of water allocated per year (b) GL 10,871 9,695 14,420 n.a. n.a.

Advice on land planning matters provided within target timeframe (c) % n.a. 92 90 n.a. 90

Employees (d) FTE n.a. n.a. 458 458 451



Total Expenses Excluding Losses (e) 333,972 232,549 Total expenses include the following (f):

Employee related 61,256 54,935 Other operating expenses 63,720 77,653 Grants and subsidies 188,186 79,450


(a) Compliance with legislation through investigations from fishing patrols and operations. (b) Volume of water allocations announced for regulated, groundwater and unregulated systems state-wide. (c) Data collection commenced in January 2016, as such there is no available data for 2014-15. (d) Machinery-of-government changes mean that FTE numbers are not available. (e) This program group was affected by machinery-of-government changes which took effect on 1 April 2017. (f) Selected expense categories only and may not add to total.

$233 million


$20 million


Industry Cluster


Risks managed for natural resources, farming and fo od

In 2017-18, the cluster will spend $280 million ($254 million recurrent expenses and $25 million capital) on risks managed for natural resources, farming and food.

These programs deliver services that promote food safety, enhance biosecurity, build capacity in the agricultural sector and strengthen community confidence to mitigate and manage risks to the community, industry and the environment.


• $75 million for the continuation of concessional loans under the Farm Innovation Fund to assist primary producers to prepare for future drought

• $64 million contribution over ten years from 2017-18 by New South Wales towards an expanded national program to eradicate Red Fire Ants

• $22 million towards reducing foodborne illness and bolstering consumer education into food safety

• $3.6 million for a shark meshing trial and SMART (Shark Management Alert in Real Time) drumlines deployed on the North Coast

• $3.4 million towards the Government's NSW Shark Strategy with a focus on scientific research to better understand shark movements and reduce the risk of shark incidents

• $2.5 million in continuing funding for the Bushfire Mitigation Program, to mitigate and manage bushfire risk to community and industry by ensuring Crown land is managed in accordance with legislative requirements.


Compliance with food safety requirements from inspection activity per year (a) % 95 95 95 n.a. 95

Responses by NSW DPI to biosecurity emergencies and natural disasters per year (b) no. 30 28 n.a. n.a. n.a.

Average time taken to provide Rural Assistance Authority assistance (c) Days 23 22 20 20 20

Employees (d) FTE n.a. n.a. 718 718 770



Total Expenses Excluding Losses 243,845 254,328 Total expenses include the following (e):

Employee related 87,805 96,157

Other operating expenses 79,711 76,594 Grants and subsidies 49,810 52,829


(a) Audits and inspections carried out by NSW Food Authority and local government. (b) Unable to provide forecast data as the number of biosecurity emergencies and natural disasters is a factor. (c) Assistance provided through ‘Farm Innovation Fund’. (d) FTE numbers are not available due to machinery-of-government changes. (e) Selected expense categories only and may not add to total.

$254 million


$25 million


Industry Cluster


A vibrant and valued sport and recreation sector

In 2017-18, the Office of Sport and the Sydney Olympic Park Authority will spend $401 million ($363 million recurrent expenses and $38 million capital) to promote a vibrant and valued sport and recreation sector.

This program group seeks to improve participation in sport and active recreation, enhance the performance and sustainability of the sector and support our athletes to become world’s best.

The cluster drives planning, management and delivery of high quality stadia, venues and facilities as well as programs which offer support to elite athletes via high performance pathways. The group also includes programs which drive integrity and safety in sport.


• $207 million (over four years from 2017-18) to establish the Active Kids Rebate. Families in New South Wales will be eligible to receive up to $100 for every child enrolled in school each year, to help meet the cost of their sport and fitness activities

• $40 million towards the National Rugby League Centres of Excellence program to support investment in elite training and community facilities

• up to $30 million to partner with the City of Parramatta to construct a new aquatic centre

• $9.0 million to continue planning for the redevelopment of the Sydney stadia network as part of the Government’s commitment to building world-class stadia

• $5.4 million for capital works on the Northern Grandstand at WIN Stadium in Wollongong, including roof repairs and structural steel rectification to ensure public safety and provide for the continued use of the stand for sport and recreation events

• $4.0 million (over four years from 2017-18) to provide grants to community-based sports organisations to purchase Automatic External Defibrillator for local sporting facilities and events to reduce the incidence of deaths from cardiac arrest at sporting events

• $4.0 million for the Surf Club Facility Program (including an additional $2 million approved as part of the 2017-18 budget)

• $2.4 million in 2017-18 to replace the electronic target systems at the Sydney International Shooting Centre, to guarantee its ability to host national and international standard competitions

• $2.0 million to support the Modernise and Optimise Regional Sport initiatives

• construction of a new Western Sydney Stadium at Parramatta on the site of the existing facility.

$363 million


$38 million


Industry Cluster



Participation of New South Wales adult population engaged in regular physical activity (a) % n.a. 58.4 58.8 58.8 59.5

Participation of New South Wales children engaged in organised physical activity outside of school (a) % n.a. 19.6 20.7 20.7 21.4

Participation days at Sport and Recreation Centres and Olympic Venues

Million days 1.1 1.1 1.2 1.2 1.3

NSW Institute of Sport athlete annual representation on national teams at benchmark events (b) % 38 23 25 25 25

Employees

Office of Sport (core groups) FTE 391 384 391 391 391

Sydney Olympic Park Authority FTE 255 255 255 255 255

Venues NSW FTE 35 33 28 28 29

NSW Institute of Sport FTE 87 89 90 90 90



Total Expenses Excluding Losses (c) 278,929 362,979 Total expenses include the following (d):



(a) These measures are based on new national data (AusPlay) first published in 2015-16. (b) Benchmark events include the Olympic and Paralympic Games (Summer and Winter), the Commonwealth Games and

World Championships, where applicable. Note that trends will vary due to Games cycles. (c) Total expenses for this program group have been reduced for the impact of pass through expenditure. (d) Selected expense categories only and may not add to total.

Industry Cluster


Grow the visitor economy

In 2017-18, the cluster will spend $193 million ($193 million recurrent expenses and $160,000 capital) to grow the visitor economy.

This program works to drive tourism and acquire and develop major sporting and cultural events for Sydney and Regional NSW.

Key initiatives include:

• continued support for events such as Handa Opera on Sydney Harbour, Vivid Sydney, the NRL Grand Final and State of Origin Series, World Cup Football Qualifiers, the Australian round of the World Rally Championships in Coffs Harbour, Ironman Australia Port Macquarie, the NSW Pro Surf Series, the Deni Ute Muster and MTV Beats & Eats in Regional NSW

• continued efforts in regional and rural NSW through a $43 million regional commitment over four years from 2016-17. This includes the creation of six new Destination Networks throughout NSW, a Regional Cooperative Tourism Marketing Program, a Regional Tourism Product Development Program, a Regional Conferencing Unit and an expanded Regional Flagship Event program.

2014-15 2015-16 2016-17 2016-17 2017-18 Performance information Units Actual Actual Forecast Revised (d) Forecast

Overnight visitors (millions) (a) no. 30.8 32.5 n.a. n.a. n.a.

Visitor expenditure (b) $b 23.6 25.5 29.7 29.7 31.5

Visitor nights (millions) (c) no. 169.4 179.9 n.a. n.a. n.a.

Event retention and acquisition no. 78 118 n.a. n.a. n.a.

Employees FTE 188 196 196 197 197



Total Expenses Excluding Losses 174,828 192,828 Total expenses include the following (e):


Capital expenditure 160 160

(a) Total number of domestic and international visitors who travel to New South Wales and stay one or more, but not more than 364 nights.

(b) Annual targets are not set for overnight visitors, visitor expenditure, visitor nights or event retention and acquisition. (c) Total number of nights domestic and international visitors spend in New South Wales. (d) 2016-17 revised data will be available in September 2017. (e) Selected expense categories only and may not add to total.

$193 million


$160,000 Capital expenditure 2017-18

Industry Cluster


Local Land Services

In 2017-18, the cluster will spend $182 million ($177 million recurrent expenses and $5.5 million capital) on local land services.

Local Land Services brings together agricultural production advice, biosecurity, natural resource management and emergency management to support profitable and sustainable regional communities.

Local Land Services works in partnership with farmers, landholders, and the community across rural and regional NSW, delivering quality, customer-focused services which improve primary production and better manage our natural resources across New South Wales.

Key initiatives include:

• $20 million will be allocated to the Sustainable Land Management program of Local Land Services in 2017-18 as part of the implementation and delivery of the Government's Land Management and Biodiversity Conservation Reforms. The program has been established to deliver customer-focused rural land management services that support better production and environmental outcomes.

2014-15 2015-16 2016-17 2016-17 2017-18

Units Actual Actual Forecast Revised Forecast

Customer Satisfaction Score (a) % n.a. 75 75 75 80

Employees FTE 771 781 799 781 760




Total expenses include the following (b):

Employee related 86,765 84,853 Other operating expenses 47,248 48,407


Capital expenditure 839 5,470

(a) 2,200 private land managers were randomly selected to survey. Survey based on private land managers most recent business with Local Land Services. This figure reflects those respondents that were either satisfied or extremely satisfied with the customer service they received.

(b) Selected expense categories only and may not add to total.

$177 million


$5.5 million


Industry Cluster


Agency Expense Summary

The 2017-18 Budget for the Department of Industry (and other agencies within the cluster) is listed in the table below.

In 2017-18, the Department of Industry will spend $3.5 billion ($3,385 million recurrent expenses and $88 million capital).

Industry, Skills and Regional Development cluster (a)


$m $m % $m $m %

Department of Industry

Sustaining the conditions for economic development ............................................ 782.8 935.0 19.4 13.0 47.1 262.8

Support for new and expanding businesses to create jobs in NSW (b) ........................... 54.9 98.6 79.8 2.0 0.5 (75.0)

Skills development for employment (c) .......... 1,444.0 1,438.4 (0.4) ... ... ... Sustainable use of and access to natural

resources ................................................. 281.1 176.1 (37.4) 11.0 15.8 43.8 Risks managed for natural resources,

farming and food ...................................... 153.4 185.1 20.7 21.3 24.0 12.6 Diverse, reliable and sustainable energy

sources are secured ................................ 243.4 … (100) ... ... ... Cluster grants .................................................. 147.8 551.3 273.1 ... ... ...

Total 3,107.4 3,384.6 8.9 47.3 87.5 84.9

Independent Liquor and Gaming Authority

Sustaining the conditions for economic development 11.7 13.2 12.6 ... 0.1 ...

Total 11.7 13.2 12.6 ... 0.1 ...

New South Wales Rural Assistance Authority Risks managed for natural resources,

farming and food ...................................... 64.3 42.5 (33.8) 0.1 0.1 ...

Total 64.3 42.5 (33.8) 0.1 0.1 ...

Office of Sport A vibrant and valued sport and recreation

sector (c) .................................................... 169.1 258.7 53.0 5.1 21.4 323.3

Total 169.1 258.7 53.0 5.1 21.4 323.3

Sydney Olympic Park Authority A vibrant and valued sport and recreation

sector (c) .................................................... 136.5 133.1 (2.5) 22.1 16.2 (26.7)

Total 136.5 133.1 (2.5) 22.1 16.2 (26.7)

TAFE Commission Skills development for employment (c) ......... 1,711.7 1,715.5 0.2 66.7 131.0 96.5

Total 1,711.7 1,715.5 0.2 66.7 131.0 96.5

Destination NSW Grow the visitor economy ............................ 174.8 192.8 10.3 0.2 0.2 …

Total 174.8 192.8 10.3 0.2 0.2 …

Lands Administration Ministerial Corporation Risks managed for natural resources,

farming and food ...................................... 4.7 5.1 7.7 ... ... ...

Total 4.7 5.1 7.7 ... ... ...

Industry Cluster


Industry, Skills and Regional Development cluster (a)


$m $m % $m $m %

Local Land Services

Local Land Services .................................... 171.4 176.5 3.0 0.8 5.5 552.0

Total 171.4 176.5 3.0 0.8 5.5 552.0

NSW Food Authority Risks managed for natural resources,

farming and food ...................................... 21.5 21.6 0.8 1.5 1.1 (26.7)

Total 21.5 21.6 0.8 1.5 1.1 (26.7)

Water Administration Ministerial Corporation Sustainable use of and access to natural

resources ................................................. 52.8 56.4 6.9 ... 4.5 ...

Total 52.8 56.4 6.9 ... 4.5 ...

(a) Agency expenses are uneliminated. (b) This excludes $38 million support for business by Jobs for NSW in the form of loans, guarantees and equity investment. (c) Payments of grants and subsidies from the Department of Industry to cluster entities have not been eliminated above.



Financial Statements


Operating Statement 2016-17 2017-18 Budget Revised Budget $000 $000 $000

Expenses Excluding Losses

Operating Expenses -

Employee related 531,821 505,510 495,206 Other operating expenses 400,610 331,259 341,876

Grants and subsidies 2,369,506 2,187,194 2,458,393

Appropriation Expense ... ... ...

Depreciation and amortisation 88,200 83,401 86,894

Finance costs ... ... ...

Other expenses 11,958 ... 2,197

TOTAL EXPENSES EXCLUDING LOSSES 3,402,095 3,107,364 3,384,566

Revenue

Appropriation 2,843,410 2,575,452 2,956,988

Cluster Grant Revenue ... ... ...

Acceptance by Crown Entity of employee benefits and other liabilities 15,634 20,963 16,052

Transfers to the Crown Entity (62,223) (62,434) (62,434)

Sales of goods and services 266,144 199,742 169,463

Grants and contributions 262,257 98,805 108,117

Investment Revenue 14,520 18,250 18,515

Retained Taxes, Fees and Fines ... ... ...

Other revenue 21,450 84,922 64,635

Total Revenue 3,361,192 2,935,700 3,271,337

Gain/(loss) on disposal of non-current assets 5,557 3,894 8,389 Other gains/(losses) ... ... ...

Net Result (35,346) (167,771) (104,840)



Balance Sheet 2016-17 2017-18 Budget Revised Budget $000 $000 $000

Assets

Current Assets

Cash assets 109,009 111,512 75,887 Receivables 120,001 115,675 115,356 Inventories 12,522 4,733 4,396 Financial Assets at Fair Value ... 7,062 7,062 Other Financial Assets 7,478 7,289 7,289 Other ... ... ... Assets Held For Sale 1,490 104 104

Total Current Assets 250,500 246,375 210,094

Non Current Assets Receivables 31,561 29,891 12

Inventories 7,893 9,374 9,374 Financial Assets at Fair Value 4,707 11,283 11,283 Equity Investments 67 67 67 Property, plant and equipment -

Land and building 5,790,903 5,349,946 5,297,812 Plant and equipment 57,299 51,611 59,829

Infrastructure Systems 1,430,327 1,282,749 1,279,744 Investment Properties ... ... ... Intangibles 181,531 194,831 197,454 Other Assets 122,567 116,083 116,083

Total Non Current Assets 7,626,855 7,045,835 6,971,658

Total Assets 7,877,355 7,292,210 7,181,752

Liabilities

Current Liabilities Payables 135,314 138,530 140,084

Other Financial Liabilities at Fair Value ... ... ... Borrowings ... ... ... Provisions 74,014 81,327 79,937 Other 25,048 16,683 16,683 Liabilities associated with assets held for sale ... ... ...

Total Current Liabilities 234,376 236,540 236,704

Non Current Liabilities Payables ... ... ...

Other financial liabilities at fair value ... ... ... Borrowings ... ... ... Provisions 33,090 42,108 42,108 Other ... ... ...

Total Non Current Liabilities 33,090 42,108 42,108

Total Liabilities 267,466 278,648 278,812

Net Assets 7,609,889 7,013,562 6,902,940

Equity Accumulated funds 6,690,119 6,536,748 6,402,029 Reserves 919,770 476,814 500,911 Capital Equity ... ... ...

Total Equity 7,609,889 7,013,562 6,902,940







Employee related ... ... ... Other operating expenses 12,894 11,687 13,141

Grants and subsidies ... ... ...


Depreciation and amortisation 30 5 30


Other expenses ... ... ...

TOTAL EXPENSES EXCLUDING LOSSES 12,924 11,692 13,171

Revenue

Appropriation ... ... ...

Cluster Grant Revenue 1,526 1,526 9,955

Acceptance by Crown Entity of employee benefits and other liabilities ... ... ...

Transfers to the Crown Entity ... ... ...

Sales of goods and services 450 610 459

Grants and contributions ... ... ...

Investment Revenue ... ... ...


Other revenue 2,750 2,413 2,805

Total Revenue 4,726 4,549 13,219

Gain/(loss) on disposal of non-current assets ... ... ... Other gains/(losses) ... ... ...

Net Result (8,198) (7,143) 48




Assets

Current Assets

Cash assets 254 4,824 4,827 Receivables 3,006 3,984 3,984 Inventories ... ... ... Financial Assets at Fair Value ... ... ... Other Financial Assets ... ... ... Other ... ... ... Assets Held For Sale ... ... ...


Non Current Assets Receivables ... ... ...

Inventories ... ... ... Financial Assets at Fair Value ... ... ... Equity Investments ... ... ... Property, plant and equipment -

Land and building ... ... ... Plant and equipment 353 31 71

Infrastructure Systems ... ... ... Investment Properties ... ... ... Intangibles ... ... ... Other Assets ... ... ...

Total Non Current Assets 353 31 71

Total Assets 3,613 8,839 8,882

Liabilities


Other Financial Liabilities at Fair Value ... ... ... Borrowings ... ... ... Provisions 1,130 ... ... Other 110 1,086 1,071 Liabilities associated with assets held for sale ... ... ...



Other financial liabilities at fair value ... ... ... Borrowings ... ... ... Provisions 34 ... ... Other ... ... ...

Total Non Current Liabilities 34 ... ...


Net Assets 518 1,241 1,289

Equity Accumulated funds 518 1,241 1,289 Reserves ... ... ... Capital Equity ... ... ...

Total Equity 518 1,241 1,289

New South Wales Rural Assistance Authority






Employee related ... ... ...

Other operating expenses 5,094 5,985 5,143

Grants and subsidies 39,510 37,918 16,063



Finance costs 19,995 20,330 21,295



Revenue





Sales of goods and services 700 700 766




Other revenue 1,184 1,670 1,034

Total Revenue 45,310 45,633 41,542

Gain/(loss) on disposal of non-current assets ... ... ...

Other gains/(losses) ... ... ...

Net Result (19,311) (18,622) (968)




Assets

Current Assets

Cash assets 63,312 64,062 40,386 Receivables 12,235 12,235 1,760 Inventories ... ... ... Financial Assets at Fair Value ... ... ... Other Financial Assets 16,929 16,929 53,108 Other ... ... ... Assets Held For Sale ... ... ...




Land and building ... ... ... Plant and equipment 122 72 114

Infrastructure Systems ... ... ... Investment Properties ... ... ... Intangibles 12 1 ... Other Assets 275,234 275,234 229,143

Total Non Current Assets 275,368 275,307 229,257

Total Assets 367,844 368,533 324,511

Liabilities


Other Financial Liabilities at Fair Value ... ... ... Borrowings 56,596 40,868 55,001 Provisions 3,146 3,146 3,526 Other ... ... ... Liabilities associated with assets held for sale ... ... ...



Other financial liabilities at fair value ... ... ... Borrowings 291,576 307,304 253,584 Provisions 12 12 13 Other ... ... ...



Net Assets 6,413 6,220 5,252

Equity Accumulated funds 6,413 6,220 5,252 Reserves ... ... ... Capital Equity ... ... ...

Total Equity 6,413 6,220 5,252

Office of Sport


Office of Sport




Employee related 87,864 82,129 82,336





Finance costs ... 12 ...



Revenue







Investment Revenue ... 5 ...


Other revenue 378 1,478 411

Total Revenue 198,186 164,095 266,429

Gain/(loss) on disposal of non-current assets ... (92) ...

Other gains/(losses) 64 167 64

Net Result 7,791 (4,881) 7,838

Office of Sport



Assets

Current Assets

Cash assets 8,264 13,964 7,640 Receivables 10,005 8,999 8,999 Inventories ... ... ... Financial Assets at Fair Value ... ... ... Other Financial Assets 320 220 220 Other ... ... ... Assets Held For Sale ... ... ...


Non Current Assets Receivables 64 1,310 1,310


Land and building 169,907 156,221 168,719 Plant and equipment 13,161 14,181 15,925

Infrastructure Systems ... ... ... Investment Properties ... ... ... Intangibles 199 194 33 Other Assets 428 323 323


Total Assets 202,348 195,412 203,169

Liabilities





Other financial liabilities at fair value ... ... ... Borrowings ... ... ... Provisions 915 2,380 2,380 Other ... ... ...

Total Non Current Liabilities 915 2,380 2,380


Net Assets 187,635 180,641 188,479

Equity Accumulated funds 160,917 153,923 161,761 Reserves 26,718 26,718 26,718 Capital Equity ... ... ...

Total Equity 187,635 180,641 188,479

Sydney Olympic Park Authority














Revenue









Other revenue 40,185 40,427 42,476

Total Revenue 149,018 142,860 143,392

Gain/(loss) on disposal of non-current assets 30,025 16,338 ...

Other gains/(losses) (5,398) (3) ...

Net Result 38,701 22,689 10,339




Assets

Current Assets

Cash assets 150,958 149,948 147,351 Receivables 16,008 14,038 14,038 Inventories 65 70 70 Financial Assets at Fair Value ... ... ... Other Financial Assets ... ... ... Other ... ... ... Assets Held For Sale ... ... ...


Non Current Assets Receivables 85,351 85,351 78,570



Infrastructure Systems 385,676 360,074 367,465 Investment Properties ... ... ... Intangibles ... ... ... Other Assets 431,071 431,069 470,542


Total Assets 2,292,074 2,291,833 2,360,532

Liabilities





Other financial liabilities at fair value ... ... ... Borrowings ... ... ... Provisions 71 84 84 Other 1,636 1,636 1,616



Net Assets 2,268,560 2,250,038 2,318,757

Equity Accumulated funds 1,251,535 1,233,013 1,243,352 Reserves 1,017,025 1,017,025 1,075,405 Capital Equity ... ... ...

Total Equity 2,268,560 2,250,038 2,318,757

TAFE Commission


TAFE Commission




Employee related 1,138,146 1,099,467 1,130,319







TOTAL EXPENSES EXCLUDING LOSSES 1,816,750 1,711,711 1,715,512

Revenue


Cluster Grant Revenue 759,785 759,785 …




Grants and contributions 425,067 374,700 1,130,514



Other revenue 74 13,734 …

Total Revenue 1,729,377 1,689,670 1,663,007

Gain/(loss) on disposal of non-current assets (5,420) (712) ...

Other gains/(losses) (10,700) (14,114) ...

Net Result (103,493) (36,867) (52,505)

TAFE Commission



Assets

Current Assets

Cash assets 529,916 694,088 684,860 Receivables 80,915 212,584 210,193 Inventories ... ... ... Financial Assets at Fair Value ... ... ... Other Financial Assets ... ... ... Other ... ... ... Assets Held For Sale ... ... ...



Inventories ... ... ... Financial Assets at Fair Value 335 446 446 Equity Investments ... ... ... Property, plant and equipment -


Infrastructure Systems ... ... ... Investment Properties ... ... ... Intangibles 47,638 32,764 53,167 Other Assets ... ... ...


Total Assets 5,186,664 5,414,169 5,363,084

Liabilities





Other financial liabilities at fair value ... ... ... Borrowings ... ... ... Provisions 2,873 2,800 2,800 Other ... ... ...



Net Assets 4,615,105 4,882,412 4,829,907

Equity Accumulated funds 1,513,905 1,879,937 1,827,432 Reserves 3,101,200 3,002,475 3,002,475 Capital Equity ... ... ...

Total Equity 4,615,105 4,882,412 4,829,907

Destination NSW


Destination NSW








Depreciation and amortisation 1,946 1,411 805




Revenue



Acceptance by Crown Entity of employee benefits and other liabilities 325 325 325


Sales of goods and services ... ... ...


Investment Revenue ... ... ...


Other revenue ... ... ...

Total Revenue 162,001 159,515 190,911



Net Result (13,171) (15,313) (1,917)

Destination NSW



Assets

Current Assets





Land and building ... ... ... Plant and equipment 1,330 1,128 497

Infrastructure Systems 1,608 ... ... Investment Properties ... ... ... Intangibles 111 177 163 Other Assets ... ... ...

Total Non Current Assets 3,049 1,305 660

Total Assets 18,293 15,702 14,880

Liabilities


Other Financial Liabilities at Fair Value ... ... ... Borrowings ... ... ... Provisions 2,805 2,851 2,851 Other ... ... ... Liabilities associated with assets held for sale ... ... ...



Other financial liabilities at fair value ... ... ... Borrowings ... ... ... Provisions 919 796 796 Other ... ... ...

Total Non Current Liabilities 919 796 796


Net Assets (6,703) (8,660) (10,577)

Equity Accumulated funds (6,703) (8,660) (10,577) Reserves ... ... ... Capital Equity ... ... ...

Total Equity (6,703) (8,660) (10,577)

Lands Administration Ministerial Corporation














Revenue


Cluster Grant Revenue ... ... …


Transfers to the Crown Entity ... (1,938) (2,000)


Grants and contributions 156 3,626 183



Other revenue 1,583 106 983

Total Revenue 7,845 6,812 5,272

Gain/(loss) on disposal of non-current assets (2,000) (240) (2,000)

Other gains/(losses) (200) (25,320) (200)

Net Result 1 (23,458) (2,000)




Assets

Current Assets

Cash assets 31,492 39,484 41,994 Receivables 3,056 2,881 3,266 Inventories ... ... ... Financial Assets at Fair Value ... ... ... Other Financial Assets 553 556 556 Other ... ... ... Assets Held For Sale ... ... ...




Land and building 352,407 144,107 139,427 Plant and equipment ... ... ...

Infrastructure Systems ... 441 413 Investment Properties ... ... ... Intangibles ... ... ... Other Assets 8,759 8,916 8,916


Total Assets 398,167 197,979 196,102

Liabilities

Current Liabilities Payables 2,822 168 291

Other Financial Liabilities at Fair Value ... ... ... Borrowings ... ... ... Provisions 1,000 1,135 1,135 Other ... ... ... Liabilities associated with assets held for sale ... ... ...



Other financial liabilities at fair value ... ... ... Borrowings ... ... ... Provisions ... ... ... Other ... ... ...

Total Non Current Liabilities ... ... ...


Net Assets 394,345 196,676 194,676


Total Equity 394,345 196,676 194,676

Local Land Services


Local Land Services












Revenue






Grants and contributions 25,000 25,141 ...

Investment Revenue 600 600 525

Retained Taxes, Fees and Fines 39,958 40,846 41,375

Other revenue 41,290 44,652 42,061

Total Revenue 136,587 148,916 179,683

Gain/(loss) on disposal of non-current assets ... 1,431 (474)


Net Result (22,835) (21,009) 2,681

Local Land Services



Assets

Current Assets

Cash assets 57,725 42,311 34,783 Receivables 11,850 11,850 11,850 Inventories 1,300 1,300 1,300 Financial Assets at Fair Value ... ... ... Other Financial Assets ... ... ... Other ... ... ... Assets Held For Sale ... ... ...




Land and building 442,002 460,247 459,609 Plant and equipment 2,900 1,727 623

Infrastructure Systems 24,918 23,981 22,991 Investment Properties ... ... ... Intangibles 1,015 1,592 5,894 Other Assets ... ... ...


Total Assets 541,710 543,008 537,050

Liabilities





Other financial liabilities at fair value ... ... ... Borrowings ... ... ... Provisions 3,624 3,624 1,000 Other 700 700 700



Net Assets 500,943 499,024 501,580


Total Equity 500,943 499,024 501,580

NSW Food Authority


NSW Food Authority






Grants and subsidies 560 480 560






Revenue






Grants and contributions … … ...

Investment Revenue 450 330 370

Retained Taxes, Fees and Fines 1,100 1,100 1,100

Other revenue 6,568 6,748 6,754

Total Revenue 19,379 19,695 21,545


Other gains/(losses) ... (873) ...

Net Result (1,958) (2,645) (97)

NSW Food Authority



Assets

Current Assets





Land and building 10,595 9,808 8,258 Plant and equipment 323 468 368

Infrastructure Systems ... ... ... Investment Properties ... ... ... Intangibles 2,760 2,315 2,465 Other Assets ... ... ...


Total Assets 36,171 38,119 37,687

Liabilities

Current Liabilities Payables 954 1,528 2,373

Other Financial Liabilities at Fair Value ... ... ... Borrowings ... ... ... Provisions 4,672 1,180 ... Other 495 ... ... Liabilities associated with assets held for sale ... ... ...



Other financial liabilities at fair value ... ... ... Borrowings ... ... ... Provisions 19,783 29,879 ... Other ... ... ...

Total Non Current Liabilities 19,783 29,879 ...


Net Assets 10,267 5,532 35,314


Total Equity 10,267 5,532 35,314

Water Administration Ministerial Corporation














Revenue






Grants and contributions … … ...

Investment Revenue ... 20 ...


Other revenue ... ... ...

Total Revenue 74,784 49,527 53,300

Gain/(loss) on disposal of non-current assets ... 1 ...

Other gains/(losses) ... (1,527) ...

Net Result (12,295) (4,826) (3,146)




Assets

Current Assets

Cash assets ... ... ... Receivables ... ... ... Inventories ... ... ... Financial Assets at Fair Value ... ... ... Other Financial Assets ... ... ... Other 5,439 732 ... Assets Held For Sale ... ... ...

Total Current Assets 5,439 732 ...



Land and building 14,246 15,921 15,777 Plant and equipment 1,512 387 303

Infrastructure Systems 798,026 762,603 763,107 Investment Properties ... ... ... Intangibles 627 622 538 Other Assets ... ... ...


Total Assets 819,850 780,265 779,725

Liabilities

Current Liabilities Payables ... ... 2,606

Other Financial Liabilities at Fair Value ... ... ... Borrowings ... ... ... Provisions ... ... ... Other ... ... ... Liabilities associated with assets held for sale ... ... ...

Total Current Liabilities ... ... 2,606


Other financial liabilities at fair value ... ... ... Borrowings ... ... ... Provisions ... ... ... Other ... ... ...

Total Non Current Liabilities ... ... ...

Total Liabilities ... ... 2,606

Net Assets 819,850 780,265 777,119


Total Equity 819,850 780,265 777,119

Documents

6. INDUSTRY CLUSTER - Budget Home | NSW Budget Estimates 2017-18 6 - 1 6. INDUSTRY CLUSTER Introduction The Industry cluster is focused on creating the right conditions for New South